We say in our platform that we believe that the right to coin money and issue money is a function of government. . . . Those who are opposed to this proposition tell us that the issue of paper money is a function of the bank and that the government ought to go out of the banking business. I stand with Jefferson . . . and tell them, as he did, that the issue of money is a function of the government and that the banks should go out of the governing business. . . . [W]hen we have restored the money of the Constitution, all other necessary reforms will be possible, and . . . until that is done there is no reform that can be accomplished.
Saturday, November 3, 2012
Lessons From The Wizard Of Oz
from The Web of Debt, by Ellen Hodgson Brown, Chapter One at News From the West. I think this paragraph from William Jennings Bryant is crucial to understanding his position about gold and government money, and his famous "cross of gold" statement: